ING - Ingenuity Property Investments Limited - Further Trading Statement

ING - Ingenuity Property Investments Limited - Further Trading Statement        
INGENUITY PROPERTY INVESTMENTS LIMITED                                          
(Incorporated in the Republic of South Africa)                                  
(Registration number 2000/018084/06)                                            
ISIN:   ZAE000127411   JSE share code:  ING                                     
("Ingenuity" or "the company")                                                  
FURTHER TRADING STATEMENT                                                       
Shareholders are referred to the trading statement released on SENS on 20 April 
2012 ("the trading statement") and are advised that the company is now in a     
position to give further guidance as follows:                                   
    *    Ingenuity expects earnings per share ("EPS") for the six months ended  
29 February 2012 to be between 60% to 70% lower than the prior         
         comparative period as was announced in the trading statement; and      
    *    further, Ingenuity expects headline EPS for the six months ended 29    
         February 2012 to be between 65% to 75% lower than the prior            
comparative period due to the increase in the tax rate computation of  
         Capital Gains Tax which was announced in the Budget in February 2012,  
         increasing the inclusion rate from 50% to 66.67%.                      
The above information has not been reviewed or reported on by the company`s     
auditors and the company`s results for the six months ended 29 February 2012 are
expected to be published on or about 7 May 2012.                                
Cape Town                                                                       
4 May 2012                                                                      
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 04/05/2012 17:30:01 Supplied by www.sharenet.co.za                     
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